Year: 2025

Chinese EV battery giant CATL posts 33% surge in Q1 profit

Beijing (AFP) – The world’s leading maker of electric vehicle batteries, Chinese firm CATL, posted a 32.9 percent jump in first quarter profit, even as demand for electric vehicles slows.

Chinese firm CATL produces electric vehicle batteries for major brands including Volkswagen, Tesla, Mercedes-Benz and BMW

China's economy likely grew 5.1% in Q1 on export surge: AFP poll

Beijing (AFP) – China is expected to post first-quarter growth of around five percent on Wednesday, buoyed by exporters rushing to stave off higher US tariffs but still weighed by sluggish domestic consumption, analysts say.

Beijing and Washington are locked in a fast-moving, high-stakes game of brinkmanship since Trump launched a global tariff assault that has particularly targeted Chinese imports

S. Korea govt plans $4.9 bn more help for semiconductors as US tariff risk bites

Seoul (AFP) – South Korea on Tuesday announced plans to invest an additional $4.9 billion in the country’s semiconductor industry, citing “growing uncertainty” over US tariffs.

South Korea is home to the world's largest memory chip maker Samsung, and largest memory chip supplier SK Hynix

Palestinian student detained at US citizenship interview

New York (AFP) – US immigration authorities on Monday arrested another Columbia University student who participated in pro-Palestinian campus protests, detaining him as he attended an interview to become an American citizen.

Mahmoud Khalil -- a prominent face of the protest movement that erupted in response to Israel's war in Gaza -- was arrested and taken to Louisiana

LVMH sales dip as Trump tariffs dent luxury tastes

Paris (AFP) – Luxury giant LVMH saw sales fall two percent to 20.3 billion euros ($23 billion) in the first quarter of 2025 as US President Donald Trump’s tariffs shook the global economy, the company said on Monday.

LVMH tycoon Bernard Arnault saw luxury sales fall in the first quarter amid concerns over US tariffs

Sean 'Diddy' Combs pleads not guilty to new sex charges

New York (AFP) – US music mogul Sean “Diddy” Combs pleaded not guilty Monday to two new charges added to the criminal racketeering and sex trafficking case against him, which is expected to go to trial next month.

Along with the federal criminal case, Sean "Diddy" Combs faces a mountain of civil suits

Luka Modric becomes co

London (AFP) – Real Madrid and Croatia midfielder Luka Modric has joined Swansea as an investor and co-owner, the Championship club announced on Monday.

Real Madrid and Croatia midfielder Luka Modric (right) has bought a stake in Championship club Swansea

Peru mourns its literary giant Mario Vargas Llosa

Lima (AFP) – The Peruvian flag flew at half-staff Monday as the South American country marked the passing of literary great Mario Vargas Llosa with a day of national mourning.

Peruvian writer and Nobel literature laureate Mario Vargas Llosa died at the age of 89

Bournemouth beat Fulham to boost European hopes

Bournemouth (United Kingdom) (AFP) – Antoine Semenyo struck in the first minute as Bournemouth boosted their hopes of qualifying for continental competition with a 1-0 Premier League victory over fellow European hopefuls Fulham on Monday.

Bournemouth forward Antoine Semenyo scores against Fulham

Man charged over Tesla arson as anti

Los Angeles (United States) (AFP) – A man who allegedly torched two vehicles at a Tesla dealership and painted “Die Elon” on the side of the building has been hit with federal charges, the US Department of Justice said Monday.

Tesla's image has been badly tarnished by Elon Musk's role in the US government's cost-cutting drive and his company has become the target of vandals